HFZ’s Chelsea condo now effective, with 16% of units sold
HFZ Capital Group has long been quiet about sales at the XI, its High Line-adjacent condominium. But a new...
Development
Europe’s largest timber-frame spec office complex secures funding
The worldwide office market is reeling this year, but a trio of institutional investors are betting big on a...
Going green: Governors Island could soon house climate center
Governors Island could become a major hub for the city’s efforts to fight climate change under a proposal for...
Four of HFZ’s condo loans being shopped in foreclosure sale
UPDATED, 10:04 a.m., Sept. 16: Junior mezzanine positions on four of HFZ Capital’s New York condominium projects are being...
Durst’s $2B Philly waterfront redevelopment project approved
The Durst Organization’s $2.2 billion riverfront redevelopment plan in Philadelphia has beaten out a competing proposal by the Philadelphia...
Developers bet big on build-for-rent in these uncertain times
Since moving from an apartment building in Allen, Texas to a two-bedroom house in nearby McKinney in April, Joy...
Brad Lander calls for city to use land banks
New York City Council member Brad Lander thinks the city should take over distressed properties in order to prevent...
Grand ambitions: Related’s LA megaproject hits halfway mark
The Related Companies DTLA mixed-use megaproject has hit the halfway mark, even as the pandemic has brought many other...
Presales powered resi development in China. Covid may change that
Presales are everything for residential builders in China, but in a coronavirus world, they may not be enough for...
HFZ extends XI sales gallery lease, ending lawsuit
Ziel Feldman and his firm, HFZ Capital, settled a dispute involving the sales gallery for its XI condominium project...
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